Lcrd – Coimbatore Division
LCRD – COIMBATORE DIVISION CBELCRD/HT/SPM/WINNER COCO - SALE/4039/2020 01/12/2020 REGD POST/AD NOTICE FOR SALE OF SECURITY PROPERTIES ISSUED UNDER THE SECURITISATION AND RECONSTRUCTION OF FINANCIAL ASSETS AND ENFORCEMENT OF SECURITY INTEREST ACT 2002, (hereinafter referred to as Act) r/w SECURITY INTEREST (ENFORCEMENT) RULES, 2002 (hereinafter referred to as Rules). Whereas The Federal Bank Ltd (hereinafter referred to as ‘the Bank’) through its Authorized Officer under the Act issued a Demand Notice dated 24/07/2019, calling upon the borrower(s) and / or guarantor(s) namely 1)M/s. Winner Coco Company (a partnership firm) No.32, Sakthi Industrial Estate, Udumalpet Road, Pollachi – 642 003 2)Shri. Naseerali A, S/o.Shri. Abdulsalam, No.3661, Nijam Mohalla, Hunsur, Mysore, Karnataka – 571 105 and also at 1-24 A, Alampalayam West Colony, Raasakkapalayam, Anupparpalayam, Coimbatore-642 205, 3)Smt. Jenithabanu S, W/o.Shri. Naseerali A, No.3661, Nijam Mohalla, Hunsur, Mysore, Karnataka – 571 105 also at 1-24 A, Alampalayam West Colony, Raasakkapalayam, Anupparpalayam, Coimbatore-642 205, to repay the amount mentioned in the notice being Rs.2,10,06,623.48/- (Rupees Two Crores Ten Lakhs Six Thousand Six Hundred and Twenty- Three and Paisa Forty-Eight only) being the amount due under the cash credit limit (A/c No.20975500000889) availed from Solapalayam branch of the Bank, together with interest and costs and other charges within 60 days from the date of the said notice. Whereas the borrowers having failed to repay the amount within the stipulated time, the Authorized Officer on behalf of the Federal Bank Ltd.
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